Performance boursière rendement/risque et mode de diversification

This paper analyses the relationship between diversification strategy, firm's market-based performance measured in terms of the risk-return trade-off and value creation. Results from a sample of 41 French industrial diversified firms indicate that unrelated strategy yields a better risk-return performance and creates more value than related strategy.

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Year of publication:	2003
Authors:	Maurer, Frantz
Published in:	Revue Finance Contrôle Stratégie. - revues.org. - Vol. 6.2003, 1, p. 93-118
Publisher:	revues.org
Subject:	diversification \| return \| risk \| value creation

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Extent:	application/pdf
Type of publication:	Article
Language:	French
Classification:	L19 - Market Structure, Firm Strategy, and Market Performance. Other ; G32 - Financing Policy; Capital and Ownership Structure
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005604409